MicroStrategy has announced its plans to issue $1.75 billion in convertible senior notes due 2029 (referred to as “notes”) in a private offering to qualified institutional buyers and certain non-US persons.
The Commodity Futures Trading Commission (CFTC) has announced it will no longer oversee spot Bitcoin ETF options clearing process.
Simply put, hash rate is the speed at which a computer can perform hashing computations, which are necessary for validating transactions (also known as cryptocurrency mining).
On November 10, the now-defunct exchange Mt. Gox made a significant transfer of over $2 billion to two different addresses.
MicroStrategy Inc. has purchased approximately 27,200 Bitcoin for a total of $2.03 billion. This marks the company’s largest purchase of the digital currency since its initial acquisitions over four years ago.
On November 10, the market sentiment for Bitcoin and other cryptocurrencies reached its highest level of “greed” in nearly seven months, with the Crypto Fear & Greed Index scoring 78 out of 100.
The CEO of CryptoQuant, Ki Young Ju, predicts that Bitcoin’s price may dip below $59,000 by the end of the year due to an overheated futures market.
